DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Automotive Heating, Ventilation, and Air Conditioning (HVAC) Compressor Market 2017-2021" report to their offering.
The global automotive HVAC compressor market to grow at a CAGR of 4.73% during the period 2017-2021.
The report, Global Automotive HVAC Compressor Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, one driver in market is low penetration of passenger cars in APAC. The penetration of cars in APAC is low compared with other regions, converting APAC into a favorable market for car OEMs. India had one of the lowest car penetrations in the world, about 15 cars per 1,000 people in 2016. China had about 60 cars per 1,000 people and Brazil had 203 cars per 1,000 in 2016. Developed countries, such as the US, have a car penetration of about 800 cars per 1,000 people in 2016. Decreased penetration of cars in emerging countries are presenting a wide opportunity for car OEMs to start their business in APAC. The automotive industry is expected to expand in emerging countries such as China, India, Brazil, South Korea, Indonesia, and parts of eastern Europe.
- Johnson Electric
Other prominent vendors
- Calsonic Kansei
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by application
PART 07: Geographical segmentation
PART 08: Key leading countries
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
PART 15: Key vendor analysis
PART 16: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/2tcq7s/global_automotive